QPR Report Twitter Feed

Wednesday, May 25, 2011

QPR Recap: Bhatia and Sakensa Out at QPR: QPR and Bhatia Statements


- Throughout the day, updates, comments and perspectives re QPR and football in general are posted and discussed on the QPR Report Messageboard...Also Follow: QPR REPORT ON TWITTER

- Any American or Canadian Readers of QPR Report/QPR Report Messageboard? (Or any QPR Fans from Central or South America?)


- ALSO: FA ISSUES ITS (86-Page Report on QPR, Gianni Paladini and the Faurlin Deal

- Season Ticket Prices Announced: The Prices

- QPR Season Ticket Prices Released Today

QPR Official Site

Club Statement - Board Update

Queens Park Rangers Football Club can confirm Vice Chairman, Amit Bhatia, has tendered his resignation.

Bhatia represents the Mittal Family, who hold a minority shareholding in the Club.

Bhatia has stated his disagreement with some of the decisions taken by the Board majority, namely Season Ticket prices and changes in the Club management following the handling of the FA inquiry.

The Board are keen to stress that the prices are in line with other London-based Premier League Clubs, and are encouraged by early sales figures following the release of Season Tickets earlier today.
Article continues

The Club can also confirm QPR Holdings Ltd Chairman, Ishan Saksena, has parted company with the Club.

The Club will be making no further comment at this time QPR

GUARDIAN/Jamie Jackson

Neil Warnock's key ally resigns as Queens Park Rangers vice-chairman
• Amit Bhatia cites differences with rest of QPR board
• Bhatia's family to retain 33% shareholding in the club

There will be further questions raised over the future of the QPR manager Neil Warnock following the resignation of his close ally Amit Bhatia. Photograph: Tony O'Brien/Action Images
Amit Bhatia has resigned as the vice-chairman of Queens Park Rangers citing differences with the rest of the board on the day the club decided to raise season ticket prices by almost 40%.

The departure of Bhatia, a key ally of Neil Warnock, may again raise questions over the manager's future after some reports claimed earlier this month that the club wanted a higher-profile figure to lead them in their first season back in the Premier League for 15 years.

Bhatia, whose family retain a 33% shareholding in the club, also revealed that they had failed in a bid to buy out Bernie Ecclestone's 62% holding. In an open letter to fans the Indian businessman said: "It is with a heavy heart that I tender my resignation as vice-chairman of Queens Park Rangers Football Club. Although there have been challenges, the last 15 months have been a period of stability and success and it gives me immense pleasure to see QPR back in the Premier League where I feel the club belongs.

"However, it is clear to me from recent board meetings that my vision, strategy and direction for the club is very different from that of the other shareholders and board members. It has been the greatest honour to have served this club as an owner and board member for the past three years.

"The recent decisions to sack club CEO and chairman Ishan Saksena and significantly increase season ticket prices are just two of the decisions I disagree with. While it saddens me to leave QPR after such a successful season and at the beginning of an exciting new phase, I do not wish to be associated with or take responsibility for decisions made by the board and with which I disagree so strongly.

"The Mittal family had been in discussions concerning the possible acquisition of the club. However, we have been unable to reach agreement on this matter and therefore those discussions have now come to an end. Although no longer a decision-maker at QPR, I shall continue to be a 33% owner and a 100% fan of the club. In due course, we will appoint a board representative to monitor my family's investment in the club.

"I shall look forward to supporting the club as a fan next season and would like to thank Neil Warnock for his leadership and friendship over the past 14 months. It has been my pleasure to work with him and be part of the club's recent success and wish the club every success in the Premiership."

Fans will now be charged up to £72 for match-day admission, while season tickets have been raised by almost 40% from last term.

QPR said in a statement: "The board are keen to stress that the prices are in line with other London-based Premier League clubs, and are encouraged by early sales figures following the release of season tickets earlier today." Guardian

Blog Archive